EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS

DECEMBER 3, 2009

ITEM NO 1 Ex-Im Bank Advisory Committee Members for 2010
Board Decision: APPOINTED

ITEM NO 2 Minutes of October 22, 2009, Board Meeting to be approved
Board Decision: APPROVED

ITEM NO 3 Minutes of October 29, 2009, Board Meeting to be approved
Board Decision: APPROVED

ITEM NO 4
Country PAPUA NEW GUINEA AP084099XX
Request for FINAL COMMITMENT

Applicant SOCIETE GENERALE ASIA LIMITED, PARIS LA DEFENSE 92972 FRANCE
Borrower PAPUA NEW GUINEA LNG GLOBAL COMPANY LDC, NASSAU, NEW PROVIDENCE BAHAMAS
Guarantor NONE
Buyer ESSO HIGHLANDS LIMITED-PNG LNG PROJECT, PORT MORESBY, NCD PAPUA N.G.
End-user ESSO HIGHLANDS LIMITED-PNG LNG PROJECT, PORT MORESBY, NCD PAPUA N.G.
Exporter PIPELINE MACHINERY INTERNATIONAL, LP, HOUSTON TX
Exporter BECHTEL POWER CORPORATION, HOUSTON TX
Exporter ADDITIONAL EXPORTERS
Supplier PIPELINE MACHINERY INTERNATIONAL, LP, HOUSTON TX
Supplier BECHTEL POWER CORPORATION, HOUSTON TX
Supplier ADDITIONAL SUPPLIERS
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name PAPUA NEW GUINEA LNG
Project Description LIQUEFIED NATURAL GAS PROJECT
Product Description FACILITY SUPPORT SERVICES
Financed Amount $ 3,000,000,000
Repayment Term 11.5 YEARS

Board Decision APPROVED

ITEM NO 5
Country CHILE AP084748XX
Request for FINAL COMMITMENT

Applicant LAN AIRLINES S.A., LAS CONDES, SANTIAGO CHILE
Borrower SPV/LAN AIRLINES S.A., SANTIAGO CHILE
Buyer SPV/LAN AIRLINES S.A., SANTIAGO CHILE
End-user LAN AIRLINES S.A., LAS CONDES, SANTIAGO CHILE
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier BOEING COMPANY, THE, EVERETT WA
Gteed Lender BNP-PARIBAS, NEW YORK NY
Lessor SPV/LAN AIRLINES S.A., SANTIAGO CHILE
Lessee LAN AIRLINES S.A., LAS CONDES, SANTIAGO CHILE
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE, CHIYODA-KU, TOKYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision APPROVED

ITEM NO 6A
Country UNITED ARAB EMIRATES AP084367XX
Request for FINAL COMMITMENT

Applicant ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Borrower SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Buyer SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
End-user ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Gteed Lender SUMITOMO MITSUI BANKING CORPORATION, LONDON
Lessor SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Lessee ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE, CHIYODA-KU, TOKYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS

Board Decision APPROVED

ITEM NO 6B
Country UNITED ARAB EMIRATES PC084365XX
Request for PRELIMINARY COMMITMENT

Applicant ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Borrower SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Buyer SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
End-user ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Gteed Lender FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ
Lessor SPV/ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Lessee ETIHAD AIRWAYS, DHABI U ARAB EMIRATES
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE, CHIYODA-KU, TOKYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT
Repayment Term 12 YEARS
PC Expiry Date 04-14-10

Board Decision APPROVED

ITEM NO 7
Country SWITZERLAND AP084085XX
Request for FINAL COMMITMENT

Applicant BNP-PARIBAS, NEW YORK NY
Borrower FERREXPO AG, BAAR CH-6340 SWITZERLAND
Guarantor FERREXPO YERISTOVO GOK, KOMSOMOLSK CITY, POLTAVA REGION 39802 UKRAINE
Guarantor FERREXPO POLTAVA GOK, KOMSOMOLSK CITY, POLTAVA REGION 39802 UKRAINE
Guarantor ADDITIONAL GUARANTORS
Buyer FERREXPO AG, BAAR CH-6340 SWITZERLAND
End-user FERREXPO YERISTOVO GOK, KOMSOMOLSK CITY, POLTAVA REGION 39802 UKRAINE
Exporter CATERPILLAR INC., PEORIA IL
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier CATERPILLAR INC., PEORIA IL
Gteed Lender BNP-PARIBAS, NEW YORK NY

Project Name YERISTOVO
Project Description MINE OVERBURDEN REMOVAL
Product Description TRUCKS, DOZER, GRADER
Financed Amount $ 22,475,670
Repayment Term 7 YEARS

Board Decision APPROVED

ITEM NO 8
Country INDONESIA AP064566XX
Request for AMENDMENT OF FINAL COMMITMENT

Applicant PAITON ENERGY, P.T., JAKARTA INDONESIA
Borrower PAITON ENERGY, P.T., JAKARTA INDONESIA
Guarantor NONE
Buyer PAITON ENERGY, P.T., JAKARTA INDONESIA
End-user PAITON ENERGY, P.T., JAKARTA INDONESIA
Gteed Lender UBS INC, NEW YORK NY

Project Name PAITON
Project Description PAITON I COAL-FIRED POWER STATION
Product Description HYDROGEN GENERATOR & STORAGE SYSTEM

Board Decision APPROVED

ITEM NO 9A
Country HONG KONG AP084752XX
Request for FINAL COMMITMENT

Applicant CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Borrower SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
Buyer SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
End-user CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier ADDITIONAL SUPPLIERS
Gteed Lender CITIBANK N A, NEW YORK NY
Gteed Lender BNP PARIBAS, PARIS 75009 FRANCE
Lessor SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
Lessee CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Cofin ECA NIPPON EXPORT AND INVESTMENT INSURANCE, CHIYODA-KU, TOKYO 101-0065 JAPAN

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision REFER TO CONGRESSS

ITEM NO 9B
Country HONG KONG PC084757XX
Request for PRELIMINARY COMMITMENT

Applicant CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Borrower SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
Buyer SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
End-user CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG
Exporter BOEING COMPANY, THE, EVERETT WA
Supplier GENERAL ELECTRIC COMPANY, CINCINNATI OH
Supplier VARIOUS - UNITED STATES SMALL SUPPLIERS, UNKNOWN DC
Supplier ADDITIONAL SUPPLIERS
Gteed Lender CITIBANK N A, NEW YORK NY
Gteed Lender BNP PARIBAS, PARIS 75009 FRANCE
Lessor SPV/CATHAY PACIFIC AIRWAYS LTD, CENTRAL DISTRICT, HONG KONG 1003 HONG KONG
Lessee CATHAY PACIFIC AIRWAYS LIMITED, CHEK LAP KOK 1003 HONG KONG

Project Name NONE
Project Description AIR TRANSPORTATION
Product Description AIRCRAFT

Board Decision REFER TO CONGRESSS